Questions
In a experiment we did with electromagnets, we used only one battery with a certain voltage...

In a experiment we did with electromagnets, we used only one battery with a certain voltage and didn't change it out. So did the current stay constant if we used the same battery because the voltage stayed constant????

The purpose of the experiment was to manipulate the number of winds to increase the magnetic field strength.

Thanks

In: Physics

QUESTION #2 (20 marks) Part A (14 marks) Lunenberg Ltd, a publicly accountable enterprise, began business...

QUESTION #2 Part A Lunenberg Ltd, a publicly accountable enterprise, began business on January 1, 2015 and follows IFRS. Its pretax accounting income for the first two years was as follows: 2015 $ 80,000 2016 150,000

The following items caused the only differences between pretax accounting income and taxable income.

1. In 2015, the company collected $75,000 in rental revenue; of this amount, $25,000 was earned in 2015; the other $50,000 will be earned equally during 2016 and 2017. The full $75,000 was included in taxable income in 2015.

2. The company pays $5,000 in 2015and 2016 for membership in a local golf club.

3. In 2016, the company terminated a top executive and agreed to pay $30,000 severance pay. This will be paid $10,000 each year for three years, starting in 2016. The 2016 payment was made. The entire $30,000 was expensed in 2016 for book purposes.

For tax purposes, the severance pay is deductible only when it is paid.

The enacted tax rates at December 31, 2015 are: 2015 30% 2017 40% 2016 35% 2018 40%

Instructions:

(a) Calculate taxable income and income tax payable for 2015 and 2016

(b) Calculate the deferred income tax asset and/or liability at the end of 2015, and prepare the adjusting journal entries to record income taxes for 2015

In: Accounting

QUESTION 1 The inventory records of Frost Company for the years 2016 and 2017 reveal the...

QUESTION 1

The inventory records of Frost Company for the years 2016 and 2017 reveal the cost and market of the January 1, 2016, inventory to be $125,000. On December 31, 2016, the cost of inventory was $130,000, while the market value was only $128,000. The December 31, 2017, market value of inventory was $140,000, and the cost was only $135,000. Frost uses a perpetual inventory system.

Required:
1. Assume the inventory that existed at the end of 2016 was sold in 2017. Prepare the journal entries at the end of 2016 and 2017 to record the lower of cost or market under the:
a. allowance method
b. direct method
2. Show the presentation of cost of goods sold and inventory on Frost’s income statement and balance sheet for 2016 and 2017 under the:
a. allowance method (assume the cost of goods sold prior to applying the lower of cost or market was $595,000 and $605,000 for 2016 and 2017, respectively)

b. direct method

general journal

Assume Frost uses the allowance method and a perpetual inventory system.

Prepare the necessary journal entries to record:
1. the correct inventory valuation on December 31, 2016
2. the reduction in inventory when the inventory from December 31, 2016 is sold during 2017 Additional Instructions
3. the correct inventory valuation on December 31, 2017 (if necessary)

In: Accounting

Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company The following information...

Cost of Goods Sold, Profit margin, and Net Income for a Manufacturing Company

The following information is available for Gonzalez Manufacturing Company for the month ending July 31, 2016:

Cost of goods manufactured $254,840
Selling expenses 85,130
Administrative expenses 45,000
Sales 542,210
Finished goods inventory, July 1 61,270
Finished goods inventory, July 31 55,850

For the month ended July 31, 2016, determine Gonzalez's (a) cost of goods sold, (b) gross profit, and (c) net income.

Labels & Amount descriptions

Finished goods inventory, July 1, 2016

Finished goods inventory, July 31, 2016

Sales

Selling Expenses

Cost of finished goods available for sale

Cost of goods manufactured

Cost of goods sold

Gross profit

Administrative expenses

Net Income

Less administrative expenses

Less Finished goods inventory, July 1, 2016

Less Finished goods inventory, July 31, 2016

  1. (a)

    Gonzalez Manufacturing Company
    Cost of Goods Sold
    July 31, 2016
    $
    $
    $

    (b)

    Gonzalez Manufacturing Company
    Gross Profit
    July 31, 2016
    $
    $

    (c)

    Gonzalez Manufacturing Company
    Net Income
    July 31, 2016
    $_________
    Operating expenses:
    $ ______
    ______
    Total operating expenses ______
    $______   

In: Accounting

Mitchell MD, Chivers DP, Brown GE, Ferrari MCO. 2016. Living on the edge: How does environmental...

Mitchell MD, Chivers DP, Brown GE, Ferrari MCO. 2016. Living on the edge: How does environmental risk affect the behavioural and cognitive ecology of prey? Anim Behav. 115: 185-192. Greig EI and Webster MS. 2014. How do novel signals originate? The evolution of fairy-wren songs from predator to display contexts. Anim Behav. 88: 57-65. Petrů M, Špinka M, Charvátová V, Lhota S. 2009. Revisiting play elements and self-handicapping in play: A comparative ethogram of five Old World monkey species. J Comp Psychol. 123(3): 250-263.

  1. What two studies examined proximate causes of behaviour? What evidence do the authors provide to support your answer?

  2. What two studies examined ultimate causes of behaviour? What evidence do the authors provide to support your answer?

  3. Which of the above (1 only) studies examines the evolution of a behaviour? What evidence do the authors provide to support your answer?

In: Biology

In writing the background for this weekend’s homework assignment, I realized that I didn’t need to...

In writing the background for this weekend’s homework assignment, I realized that I didn’t need to spend much time with the introduction of the company. Everyone knows Amazon, as a matter of fact, most of us shop on Amazon for many things that we use in our daily life. The company is one of the largest in the world and has over 500,000 employees. The CEO and founder of Amazon, Jeff Bezos, was interviewed at an awards ceremony in 2016 and this ten minute interview was recorded and posted on Youtube. The link appears below:

https://www.youtube.com/watch?v=F7JMMy-yHSU

As you listen to the ten or so guiding principles that Mr. Bezos describes as being at the core of Amazon’s success, please:

#1)Identify the top two with which you most identify. Explain the reasons for your selections.

#2) Refer to the descriptions of the four types of organizational cultures, which appear at the end of Chapter 3 in your textbook. Based on this interview, would you evaluate the Amazon culture as one that focuses on adaptability, achievement, involvement, or consistency? Explain the reasons for your selection.

In: Operations Management

The following economic transactions are drawn from a country's balance of payments for the 2016 in...

The following economic transactions are drawn from a country's balance of payments for the 2016 in US dollars billions.
i) Export of civilians goods.                             224.4
ii) imports of civilian goods                             368.7
iii) military sales abroad                                         8.9
iv) military purchase abroad                                     12.6
v) exports of service (investment income & fees earned, foreign tourism)                                         139.5
vi) import services (investment income paid out) 117.2
vii) Net unilateral transfers (gifts)                            15.7
viii) foreign private investments in home country 202.7
ix) Home country investments overseas        94.4
x) Foreign official lending in home country   34.7
xi) Home country lending overseas             1.9
xii) Net in home country official reserve   0.30

You are required to categorise the above transactions as either credit or debit in balance of payments account.

Develop the following:
1.Trade balance
2.Current account balance
3. Capital account balance
4. Official reserves balance
5. Indicate whether surplus/deficits balance in all the account balances.

In: Finance

Derive a finite-difference method for solving the non-linear parabolic equation using the Explicit Method Ut=v*Uxx-U*Ux Where...

Derive a finite-difference method for solving the non-linear parabolic equation using the Explicit Method

Ut=v*Uxx-U*Ux

Where v is the viscosity

In: Mechanical Engineering

Let U be a subset of a vector space V. Show that spanU is the intersection...

Let U be a subset of a vector space V. Show that spanU is the intersection of all the subspaces of V that contain U. What does this say if U=∅? Need proof

In: Advanced Math

Derive a finite-difference method for solving the non-linear parabolic equation using the Explicit Method Ut=v*Uxx-U*Ux Where...

Derive a finite-difference method for solving the non-linear parabolic equation using the Explicit Method

Ut=v*Uxx-U*Ux

Where v is the viscosity

In: Physics